Export Finance and Procedure

Paper Code: 
FTM 302
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The objective of this course is to understand basic concept of Export Finance because export finance plays important role in the socio-economic prosperity of the country.

Unit I: 

Export Finance:
Meaning, Methods, Procedures, Difference between Pre-shipment and Post shipment finance, Deferred Credit

Export Payment terms:
Factors affecting export Payment, Methods of Payment-Payment in advance, Open account, consignment stock Payment, Letter of Credit-Types, Parties, Procedures, Documentary Bills-Documents against acceptance(D/A),Documents against Payments (D/P), Difference between (D/P) and (D/A).

Import Financing:
Meaning, Procedure, Exchange regulations relating to Import Finance, Documentary Credit
Rediscounting of export Bills, Role of Acceptance House and Discount House.

Exchange Control In India:
Meaning, Features, Objectives, Methods.

Foreign Exchange Transactions:
Introduction, Exchange Rate Quotations, Methods of quotations. Spot, Forward Exchange.

Essential Readings: 

Essential Readings:

  1. MJ Mathew,”RiskManagement and Insurance”,RBSA Publications,Jaipur.
  2. Neelam C.Gulati,”Principles of Insurance Management”,Excel Books.

 

 

ACADEMIC YEAR: 
2016-2017
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